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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,762 | $72,492-81.0% | $87,102-84.2% | $72,983-81.1% |
| Participation rate | 40.0% | 72.8%-32.8pp | 76.9%-36.9pp | 69.5%-29.5pp |
| Annual return | 38.56% | 24.46%+14.1pp | 28.19%+10.4pp | 81.01%-42.5pp |
| Employer contribution / active EE | $0 | $1,894-100.0% | $2,521-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $2,185 | $3,270-33.2% | $4,048-46.0% | $3,608-39.4% |
| Admin fee / account holder | $102 | $5,055-98.0% | $7,491-98.6% | $5,124-98.0% |